At 03.55 hours on 12 May 1942 the Mount Parnes (Master George Mastoris) in station #12 of convoy ONS-92 was hit by one torpedo from U-124 about 650 miles southeast of Cape Farewell. The torpedo struck on port side in #4 hold and caused the ship to sink by the stern within 12 minutes. The crew of 27 and six British gunners (the ship was armed with one 4in gun) had abandoned ship in two lifeboats and rafts. The survivors, two of them injured, were picked up shortly thereafter by one of the escorts.